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S&T Bank paid back to the Federal Reserve (Fed) a discount loan for $3000. Record the transactions into the Fed's balance sheet and S&T Bank's

S&T Bank paid back to the Federal Reserve (Fed) a discount loan for $3000.

  1. Record the transactions into the Fed's balance sheet and S&T Bank's balance sheet.
  2. What will happen to C, R, MB and Ms?

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